People are three times more likely to have pet insurance as they are to have critical illness cover for themselves, a survey has found.
Around 18% of people said they had taken out insurance for their pets, compared to just 6% with personal health cover, according to the Halifax.
It suggested a rise in pet sales during the COVID lockdown has encouraged owners to protect their animals’ health.
Owner carrying their dogs in a bag on a walk through Marylebone
Nearly two fifths (37%) of those surveyed also reported they had experienced a loss of income since March 2020, when the first UK lockdown started.
More than half (52%) said in the event of the household’s main earner falling critically ill, they would not be able to stretch to their savings beyond six months.
Some 17% responded that they or a family member have been diagnosed with a non-COVID related serious illness since March last year.
Rose St Louis, protection director at Halifax, said: “Protecting our…
